David Jones’ future looks grim. Is Myer next?

With Myer’s profitability battered and share price languishing near all-time lows, DJs’ slide into administration raises an uncomfortable question Get our breaking news email, free app or daily news podcast When the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags…
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When the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags, frantic discounting, and all the other hallmarks of a department store closing down.
Except this isn’t David Jones, the embattled upmarket retailer that is shutting half its 38 stores.
Taken from The Guardian: World's own summary of the story.
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